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CAMBRIDGE, MA-Global consulting firm Simon Kucher & Partners has expanded its US headquarter by 4,340 sf under a six-and-a-half-year lease extension that gives the firm a total of 17,131 sf at 1 Canal Park here. Dan Sullivan, with Cresa Partners’ Boston office, tells GlobeSt.com that the firm, which has been in the 96,000-sf building for about six years, had 18 months remaining on its existing 12,791 sf lease.

The company opted to stay in the building because of its location across from the Galleria Mall and the ability of building owner Equity Office Properties to offer contiguous space for expansion, Sullivan says. “They had an opportunity to get contiguous space in a building that was 100% leased,” he notes.

Terms of the lease were not disclosed but Sullivan says space in the four-story class A office building generally rents in the mid-$30s per sf gross. The transaction was handled for the tenant by Sullivan and Adam Subber, also with Cresa. EOP was self-represented by Duncan Gratton.

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